Neil Kashkari, the President of the Federal Reserve Bank of Minneapolis, continues to actively express a critical stance towards cryptocurrencies. In his opinion, digital assets lack practical value for the financial system and remain a speculative instrument without real application.
Kashkari's position reflects a skeptical attitude among official circles of American financial regulation towards the development of the cryptocurrency market. His statements ignite debates among financiers and experts about the role digital assets will play in the future of the global financial system. Moreover, the criticism from the Federal Reserve leader indicates that the rejection of cryptocurrencies at the central bank level remains a significant obstacle to their widespread acceptance.
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Neil Kashkari, the President of the Federal Reserve Bank of Minneapolis, continues to actively express a critical stance towards cryptocurrencies. In his opinion, digital assets lack practical value for the financial system and remain a speculative instrument without real application.
Kashkari's position reflects a skeptical attitude among official circles of American financial regulation towards the development of the cryptocurrency market. His statements ignite debates among financiers and experts about the role digital assets will play in the future of the global financial system. Moreover, the criticism from the Federal Reserve leader indicates that the rejection of cryptocurrencies at the central bank level remains a significant obstacle to their widespread acceptance.